Understanding the Rise in 10-Year Treasury Yields

In a recent interview with CNBC, Federal Reserve Bank of Minneapolis President Neel Kashkari shared his insights on the recent increase in the 10-year United States Treasury bond's yield. According to Kashkari, this trend is "not worrisome" and may be attributed to "fiscal deficits."

Fed's Commitment to Inflation Control

Kashkari reassured the public of the Federal Reserve's dedication to bringing inflation back down to the 2% target. He emphasized the strength of the US economy, based on the feedback he has been receiving. "The economy is in a good place, we want to keep it there while getting inflation all the way back to our target," he stated.

On Trump's Economic Policies

When discussing the economic policies of US President Donald Trump, including taxes, tariffs, and immigration, Kashkari mentioned that the Fed would await more information before making any judgments or decisions.